Koh Samui Luxury Properties
Thailand’s excellent reputation as a holiday destination, coupled with easy access to other parts of Asia and the rest of the world has prompted a boom at the high end of the property market over the last few years. Luxury residences abound in spectacular locations with enviable amenities, many of them owned by regional expatriates who rent them out through agents when not in residence. Koh Samui is one of the fastest developing property markets outside Bangkok and thanks to prolific and intelligent marketing the diversity of investment sources is constantly expanding. Recent interest has come from Russian, Eastern European and American buyers, who have added to the existing client base of Asian and European buyers.
Though buy their nature expensive, the prices for luxury properties on Samui remain extremely favourable, especially when compared to Europe or the US and continue to see strong growth rates annually. Real-estate agents on the island say that high-end buyers favour the less touristed locations, preferring to invest in properties located in the far north and south, which benefit from quieter beaches and uninterrupted views.
At the luxury end of the market property prices start at around 30 million Baht with more recent exclusive developments fetching up to 100 Million Baht based on their location, size ad amenities. Designs range from traditional Thai-style wooden creations to ultra-modern minimalist chic, with most properties featuring a large infinity pool as well as several stand-alone buildings that house separate kitchens, living spaces and suites.
Despite global economic concerns, properties at the top end of the market continue to attract buyers from around the globe, which has prompted some developers to raise the bar in terms of both style and extravagance. As a result, for those with the money to spend, Samui undoubtedly offers more choice than most other islands in the SE Asia region.
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